Research Nester added a report titled “Global Over the Air Testing Market: Global Demand Analysis & Opportunity Outlook 2027” to its database that delivers detailed overview of the global over-the-air (OTA) testing market in terms of market segmentation by technology, by industry vertical, by application and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
With growing technological advancements such as 5G, IoT and automation, increased penetration of internet of things (IoT) and machine to machine (M2M) devices, the global over-the-air (OTA) testing market is expected to grow considerably. Additionally, smart cities would have a far more connected physical infrastructure as compared to conventional cities, thereby driving the need for OTA testing. On account of these factors, the global over-the-air (OTA) testing market is anticipated to grow at a CAGR of 10.30% over the forecast period i.e. 2019-2027.
Regionally, the global over-the-air (OTA) testing market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa, out of which, the market in North America is holds the highest market share increased government spending on IOT and connected devices. On the back of highest use of telecommunication devices like laptops, tablets, and smartphones coupled with high rate of urbanization and strong economic growth in Asia Pacific, the market is estimated to witness highest growth rate in this region.
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IoT, Smart Devices & Smart Cities to Boost Market Growth
It is mandatory for companies to comply with OTA testing to get the cellular telecommunications and internet association (CTIA) certification. In addition, the rate of urbanization worldwide has been increasing at a rapid pace and has brought in the concept of smart cities. Smart cities are estimated to significantly increase the number of wireless and smart connected devices. This significant increase is estimated to drive the demand for OTA testing of wireless devices to meet the industry standards and facilitate assessment of antennas and receiver performance.
This report also provides the existing competitive scenario of some of the key players of the global over-the-air (OTA) testing market which includes company profiling of Intertek Group plc, UL LLC, Anritsu, Keysight Technologies, ROHDE&SCHWARZ, CETECOM™, Eurofins Scientific, Bureau Veritas, MVG, SGS SA and other prominent players. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global over-the-air (OTA) testing market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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Our Recently Published Report on Market Watch @ http://www.marketwatch.com/story/global-over-the-air-ota-testing-market-outlook-by-industry-size-share-revenue-regions-and-top-key-players-analysis-from-2019-2027-2019-09-10